SUNNYVALE, CA — (Marketwire) — 12/27/11 — POWRtec International Corp. (OTCBB: POWT), an innovative California-based energy monitoring company, is pleased to comment upon the recent innovations within home appliances compatible with smart meters.
Smart energy meters allow consumers to control the energy usage within their households and allow the utility companies to measure usage and avoid overcapacity. This provides a win-win solution for the consumer, power utility companies as well as the environment.
Major home appliance manufacturers are increasingly developing products that communicate with smart energy meters within households to keep energy usage down during peak hours and maximize efficiency. Whirlpool says it plans to produce “one million smart appliances by the end of 2011” as a part of a larger commitment to make all appliances it creates smart-grid compatible by the end of 2015.
“We-re pleased to see that the home of tomorrow is here today. The major consumer electronics manufacturers are currently manufacturing smart appliances which complement POWRtec smart meters harmoniously,” comments Grant Jasmin, CEO of POWRtec.
LG electronics plans to make all its appliances smart-grid compatible by 2015. The company recently showcased its new Thinq line of home appliances which are able to communicate with smart meters and run during periods when electricity is at its cheapest, saving consumers money on their utility bills.
POWRtec is a dynamic and unique energy monitoring company with the potential to dominate the smart meter industry with its innovative intelligent smart meters. POWRtec-s meters are network-enabled and can be built to utilize virtually any communications protocol. This empowers the intelligent smart meters to directly control network enabled, power-draining devices by switching them on and off in accordance with the desired energy output, resulting in more efficient use of resources, smaller energy bills and enormous benefits to the environment. POWRtec-s products can directly reduce the amount of energy waste and make a meaningful difference to the environment.
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements; projected events in this press release may not occur due to unforeseen circumstances, various factors, and other risks identified in a company-s annual report on Form 10-K and other filings made by such company.
Contact:
POWRtec
Morning Star Communications
1-888-620-4440
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